HB 1237

Bill Subjects

Abstract

Bottled Water Excise Tax; Imposes excise tax on bottled water operators; specifies tax rate & trust fund for tax proceeds; requires tax proceeds to be used for certain purposes; specifies procedures for bottled water operators related to tax payments; authorizes DOR to settle or compromise taxes; providing recordkeeping requirements for bottled water operators; specifying the department's authority to inspect books and records, issue subpoenas, & apply for certain judicial orders; provides procedures for DOR in conducting audits; specifies procedures for claiming refunds; provides that taxes due remain a lien on certain property; requires suits brought by DOR for violations be brought in circuit court; provides criminal penalties.